Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 13, 2020
USDCAD spot rate: 1.3230 - 1.3235 (as at 6:29am PST)
| Ranges: | Asia: | 1.3230 | to | 1.3245 |
| Europe: | 1.3223 | To | 1.3251 | |
| North America: | 1.3211 | to | 1.3235 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3150 | 1.3200 | 1.3358 | 1.3425 |
Key Economic Data Releases:
- U.S. Initial Jobless Claims 963k (1120k exp.) 1191k previous
Event Calendar:
| Date | Canada | U.S.A. |
| Aug 14 | Manufacturing sales | Retail sales, industrial production |
The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections.
Initial jobless claims in regular state programs fell by 228,000 to 963,000 in the week ended Aug. 8, Labor Department data showed Thursday. Continuing claims -- the total number of Americans claiming ongoing benefits in state programs -- decreased to 15.5 million in the week ended Aug. 1, the lowest since early April.
Currently, the TSX is down 0.40% and the DJIA is down 0.38%. EURCAD is up 0.21% trading between 1.5613 and 1.5674. GBPCAD is up 0.23% trading between 1.7268 and 1.7338. JPYCAD is down 0.44% trading between 0.01234 and 0.01241. Gold is up 0.42% trading between $1,919 - $1,942USD/oz. Silver is up 2.84% trading between $25.54 - $26.76. Oil (WTI crude) is down 0.45% trading between $42.42 - $42.84
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